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1500 N Tamiami Trl 0.64 Acres of Commercial Land Offered at $1,749,000 in Sarasota, FL 34236

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Investment Highlights

Located just minutes from the heart of Downtown Sarasota.
The lot is right next door to popular sites such as Wicked Cantina and The Reserve, and is adjacent to Whitaker Park.

Walking distance from the new Bayfront Park.

Executive Summary

Zoned Commercial General, this property is a great opportunity for retail, office, mixed-use, or multifamily. With MU-3 zoning in place, the property offers strong potential for up to 45 units, subject to final site planning and approvals.
This strategic location offers unparalleled visibility with frontage on US-41, just north of the 14th Street roundabout and features 3 existing access points from both 15th and 16th street. The lot is within striking distance popular sites such as The Bay Park, downtown Sarasota and Sarasota Bradenton International Airport providing a rich community environment.
With numerous multifamily developments happening nearby the site, this location presents a great opportunity to serve the explosive growth in the area.

1500 N Tamiami Trl

Property Facts Under Contract

Price	$1,749,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily
No. Lots	1	Total Lot Size	0.64 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CG - Zoned Commercial General, this property is a great opportunity for retail, office, mixed-use, or multifamily with up to 45 units.

Price	$1,749,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily
Total Lot Size	0.64 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CG - Zoned Commercial General, this property is a great opportunity for retail, office, mixed-use, or multifamily with up to 45 units.

1 Lot Available

Lot

Price	$1,749,000	Lot Size	0.64 AC
Price Per AC	$2,732,812.50

Price	$1,749,000
Price Per AC	$2,732,812.50
Lot Size	0.64 AC

Prime US 41 Frontage. Located just minutes from the heart of Downtown Sarasota and walking distance from the new Bayfront Park, this 0.64 acre property presents a prime development opportunity for investors in the thriving Sarasota community.